Debt fears grow as county court judgments soar by 35%

Figures highlight growing alarm at Bank of England and among MPs over rapid rises in household spending fuelled by extra borrowing.

Nearly 300,000 debt judgments were filed against individuals in English and Welsh county courts in the first three months of 2017, the highest quarterly figure for more than 10 years.

Figures from the Registry Trust show a 35% rise compared with the first quarter of last year in county court judgments (CCJs) against borrowers who found themselves unable to pay their debts.

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